“I just don't know yet. Until we look at every one individually, and then I try to take a look collectively at what it means,” Heineman said.

The state has the means, right now, to pay for options. Nebraska is sitting on a cash reserve of more than $720 million.

One option Heineman wants the Legislature to do is give more money back to property taxpayers.

“I don't think they've done enough in the current package,” he said.

An extra $25 million in the property tax relief credit fund would double the amount already proposed. There are other tax relief plans out there: lowing ad land valuation and exempting some Social Security income and military retirements.

“I want to look at all those together, but my biggest concern is too much new spending and not enough tax relief,” Heineman said.

In its analysis, the Open Sky Institute said the total number of bills moving through the Legislature would cost the state more than $225 million within the next two years, which would lead to a nearly $131 million shortfall in 2017.

To keep that from happening, Heineman said he won’t be afraid of using the red veto pen.

“The biggest concern I have is the imbalance between new spending and tax relief,” he said.

Heineman has until Monday to make any vetoes. The Legislature can override the governor with 30 votes.

HOW ABOUT áDOUBLING THE AMOUNT OF MONEY PROPERTY TAX OWNERS GET BACK FROM THE STATE? THAT'S ONE SUGGESTION TONIGHT FROM GOVERNOR DAVE HEINEMAN. WE TALKED WITH HEINEMAN..AS HE GETS READY TO TAKE HIS RED PEN TO THE BUDGET. IT'S GOING TO BE A LONG WEEKEND FOR GOVERNOR DAVE HEINEMAN.(Gov. Dave Heineman: Thursday, Friday and Saturday I will be reviewing the budget, line item by line item.) AND ALL THOSE LINE ITEMS.. GO INTO THE NEARLY EIGHT BILLION DOLLAR BUDGET. I ASKED HIM IF HE KNOWS WHICH ITEMS..HE'S GOING TO VETO.(Heineman: I just don't know yet Rob until we look at every one individually and then I try to take a look collectively at what it means.) THE STATE áHAS THE MEANS RIGHT NOW..TO PAY FOR OPTIONS.. SITTING ON A CASH RESERVE OF MORE THAN 720-MILLION. ONE OPTION HEINEMAN WANTS THE LEGISLATURE TO DO.. IS GIVE áMORE MONEY BACK TO PROPERTY TAXPAYERS.(Heineman: I don't think they've done enough in the current package...) (Another $25 million, for example, in the Property Tax Relief Credit Fund.) THAT WOULD DOUBLE THE AMOUNT ALREADY PROPOSED. THERE áARE OTHER TAX RELIEF PLANS OUT THERE. - LOWERING AG LAND VALUATIONS.. - EXEMPTING SOME SOCIAL SECURITY INCOME .. AND MILITARY RETIREMENTS.(Heineman: So I want to look at all those together but my biggest concern is too much new spending and not enough tax relief.) IN áITS ANALYSIS .. THE "OPEN SKY INSTITUTE" SAYS THE TOTAL NUMBER OF BILLS MOVING THROUGH THE LEGISLATURE.. WOULD COST THE STATE MORE THAN 225-MILLION OVER THE NEXT TWO YEARS. AND THAT.. WOULD LEAD TO A NEARLY 131-MILLION DOLLAR áSHORTFALL IN 20-17.(Reporter: SO.. TO KEEP THAT FROM HAPPENING... TO KEEP A BUDGET BALANCE.HEINEMAN SAYS HE WON'T BE AFRAID OF USING THE RED VETO PEN.)(Heineman: The biggest concern I have is the imbalance between new spending and tax relief.) HEINEMAN HAS UNTIL MONDAY TO MAKE ANY VETOES... THE LEGISLATURE CAN OVERRIDE THE GOVERNOR.. IT TAKES 30- VOTES TO DO THAT.

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